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| MultiExcerptName | Feature Overview |
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on your Commerce Vision platform. Zip, Openpay, Afterpay, Payright and PayPal Pay in 4 are seamlessly integrated. |
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On this page:
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will be some differences
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among the
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Customers:
- Small establishment fee based on credit limit, which zipMoney will confirm at time of application and contract.
- $4.95 monthly account fee while there is an outstanding balance.
- Limit of $1,000 - $20,000 (subject to credit check and depending on what is offered by the merchant).
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- Merchants pay a flat % fee per transaction.
- No setup fees, no monthly charges.
- Merchant service fee varies depending on trading volume and the length of the interest-free period .offered (for example, offering 6 months interest-free costs you less than offering 12 months).
- Minimum annual turnover of $500,000.
- Minimum trading history of 12 months.
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Customers:
- Monthly account fee of $5 accrues if there is money owing at the start of the month.
- Limit of either $250, $500, or $1,000 per customer (determined by zipPay).
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- Merchants pay a flat (%) fee per transaction.
- No setup fees, no monthly charges.
- Merchant service fee varies depending on trading volume (contact zipPay for further details).
- No lock-in contracts.
Afterpay
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Customers:
- No fees are charged to shoppers, aside from late fees for missed repayments.
- No set credit limit. The amount a customer can spend is increased over time by Afterpay, once successful repayments have been demonstrated.
Merchants:
- Merchants pay a 4-6% fee per transaction.
- The percentage is set by Afterpay and is based on order volume and value. The more you sell through Afterpay, at increased value, the lower your % fee will be.
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Customers:
- No interest is charged to customers, but depending on the plan they select, a small management fee may apply to each repayment.
- In the case of high value purchases, an establishment fee may apply to the initial payment.
Merchants:
- Get paid in full (less fees) the next business day, minimising risk to your business.
- Merchants pay a fee per transaction. Contact Openpay for further details)
- Take advantage of access to analytics through the Openpay dashboard, providing insight into order data and customer behaviour.
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options. Consult with the Buy Now Pay Later providers for more information.
NOTE - PayPal Pay in 4 is available for your site with Braintree Payments.
What it looks like
Depending on your site's configurations, potential buyers
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will
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Set-up Guides
- Zip (version 3.99+, 4.23)
- Afterpay (version 4.08+)
- Openpay (version 4.04+)
- Payright (version 4.24+
- Pay in 4(version 4.31+)
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| Minimum Version Requirements |
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| Self Configurable |
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| BPD Only? |
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| B2B/B2C/Both |
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Contact Commerce Vision |
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Contact Commerce Vision |
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| Third Party Costs |
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Related help
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